If a manufacturer's list price is $946.00 and a single discount rate of 15% is offered, the amount of the trade discount would be $141.90.
Correct Answer:
Verified
Q33: The discount price is a catalog price
Q34: The credit period is always longer than
Q35: Credit terms of 2 / 15, N
Q36: An invoice in the amount of $1,195.00
Q37: In a calendar year (January through December),
Q39: Willa's Florist receives an invoice for $2,865.00,
Q40: An invoice of $420.00 is received with
Q41: What is the single discount equivalent of
Q42: November is a 31 day month.
Q43: A trade discount is the amount deducted
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents